India Fatty Acid Methyl Ester (FAME) Market (2025-2031) Outlook | Value, Companies, Industry, Analysis, Forecast, Share, Revenue, Size, Growth & Trends

Market Forecast By Type (Rapeseed methyl ester, Soy methyl ester, Palm oil methyl ester, Others), By Application (Fuels, Lubricants, Coatings, Food & Agriculture, Metal Working Fluids) And Competitive Landscape
Product Code: ETC4485985 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Fatty Acid Methyl Ester (Fame) Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s fatty acid methyl ester (FAME) import market in 2024 saw consistent growth with a high Herfindahl-Hirschman Index indicating significant concentration among top exporting countries like China, South Korea, Japan, USA, and Thailand. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 20.68%, showcasing a strong upward trend. Although the growth rate slightly dipped in 2024 to 0.28%, the overall outlook remains positive, highlighting the continued importance of FAME imports for the Indian market.

India Fatty Acid Methyl Ester (Fame) Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Fatty Acid Methyl Ester (FAME) Market Overview

Fatty Acid Methyl Esters (FAME) have applications in biodiesel production and various industries. The India FAME Market is connected to the energy and chemical sectors, and its growth is influenced by the demand for renewable fuels and sustainable chemicals.

Drivers of the Market

The India Fatty Acid Methyl Ester (FAME) market has experienced robust growth, primarily due to the increasing demand for biodiesel. FAME is a key component in the production of biodiesel, and the growing concern over greenhouse gas emissions and the need to reduce dependence on fossil fuels has led to a significant uptick in biodiesel production. Government policies and incentives that promote the use of biodiesel have played a crucial role in driving the FAME market. Additionally, the availability of feedstock for FAME production in India, such as vegetable oils, has made the country a prime location for biodiesel manufacturing, further boosting the FAME market`s growth.

Challenges of the Market

The India Fatty Acid Methyl Ester (FAME) market faces challenges associated with the feedstock availability and regulatory compliance. FAME production relies on vegetable oils, and sourcing sufficient quantities of these feedstocks can be influenced by factors such as agricultural conditions and land use. Meeting regulatory standards for biofuels and ensuring consistent product quality are significant challenges in this market.

COVID-19 Impact on the Market

The India fatty acid methyl ester (FAME) market faced challenges during the COVID-19 pandemic, primarily due to disruptions in transportation and industrial activities. However, the crisis highlighted the need for cleaner fuels, which can benefit the market in the long term. As industries focus on reducing emissions and government regulations support cleaner fuels, the FAME market is expected to rebound.

Key Players in the Market

Key Players in the market are Wilmar International Ltd, Emami Agrotech Ltd, Godrej Agrovet Ltd, IFFCO, Biodiesel India.

Key Highlights of the Report:

  • India Fatty Acid Methyl Ester (FAME) Market Outlook
  • Market Size of India Fatty Acid Methyl Ester (FAME) Market, 2024
  • Forecast of India Fatty Acid Methyl Ester (FAME) Market, 2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Revenues & Volume for the Period 2021-2031
  • India Fatty Acid Methyl Ester (FAME) Market Trend Evolution
  • India Fatty Acid Methyl Ester (FAME) Market Drivers and Challenges
  • India Fatty Acid Methyl Ester (FAME) Price Trends
  • India Fatty Acid Methyl Ester (FAME) Porter's Five Forces
  • India Fatty Acid Methyl Ester (FAME) Industry Life Cycle
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Rapeseed methyl ester for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Soy methyl ester for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Palm oil methyl ester for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Fuels for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Lubricants for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Coatings for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Food & Agriculture for the Period 2021-2031
  • Historical Data and Forecast of India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume By Metal Working Fluids for the Period 2021-2031
  • India Fatty Acid Methyl Ester (FAME) Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Fatty Acid Methyl Ester (FAME) Top Companies Market Share
  • India Fatty Acid Methyl Ester (FAME) Competitive Benchmarking By Technical and Operational Parameters
  • India Fatty Acid Methyl Ester (FAME) Company Profiles
  • India Fatty Acid Methyl Ester (FAME) Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Fatty Acid Methyl Ester (FAME) Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, 2021 & 2031F

3.3 India Fatty Acid Methyl Ester (FAME) Market - Industry Life Cycle

3.4 India Fatty Acid Methyl Ester (FAME) Market - Porter's Five Forces

3.5 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Fatty Acid Methyl Ester (FAME) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for biodiesel as an alternative to fossil fuels

4.2.2 Government initiatives and policies promoting the use of biodiesel

4.2.3 Growing awareness about environmental sustainability and renewable energy sources

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as vegetable oils

4.3.2 Technological challenges in the production process

4.3.3 Competition from other biofuels like ethanol and biogas

5 India Fatty Acid Methyl Ester (FAME) Market Trends

6 India Fatty Acid Methyl Ester (FAME) Market, By Types

6.1 India Fatty Acid Methyl Ester (FAME) Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Rapeseed methyl ester, 2021-2031F

6.1.4 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Soy methyl ester, 2021-2031F

6.1.5 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Palm oil methyl ester, 2021-2031F

6.1.6 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Others, 2021-2031F

6.2 India Fatty Acid Methyl Ester (FAME) Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Fuels, 2021-2031F

6.2.3 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Lubricants, 2021-2031F

6.2.4 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Coatings, 2021-2031F

6.2.5 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Food & Agriculture, 2021-2031F

6.2.6 India Fatty Acid Methyl Ester (FAME) Market Revenues & Volume, By Metal Working Fluids, 2021-2031F

7 India Fatty Acid Methyl Ester (FAME) Market Import-Export Trade Statistics

7.1 India Fatty Acid Methyl Ester (FAME) Market Export to Major Countries

7.2 India Fatty Acid Methyl Ester (FAME) Market Imports from Major Countries

8 India Fatty Acid Methyl Ester (FAME) Market Key Performance Indicators

8.1 Adoption rate of biodiesel vehicles in India

8.2 Percentage of agricultural land allocated for biodiesel feedstock cultivation

8.3 Number of biodiesel production plants in operation

9 India Fatty Acid Methyl Ester (FAME) Market - Opportunity Assessment

9.1 India Fatty Acid Methyl Ester (FAME) Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Fatty Acid Methyl Ester (FAME) Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Fatty Acid Methyl Ester (FAME) Market - Competitive Landscape

10.1 India Fatty Acid Methyl Ester (FAME) Market Revenue Share, By Companies, 2024

10.2 India Fatty Acid Methyl Ester (FAME) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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